Sanford C. Bernstein Forecasts Strong Price Appreciation for J. M. Smucker (NYSE:SJM) Stock

J. M. Smucker (NYSE:SJM) had its price objective lifted by equities researchers at Sanford C. Bernstein from $113.00 to $121.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “market perform” rating on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 4.26% from the stock’s previous close.

A number of other equities research analysts have also commented on SJM. JPMorgan Chase & Co. raised their price target on J. M. Smucker from $121.00 to $122.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Stifel Nicolaus dropped their target price on shares of J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. TD Cowen lifted their price target on shares of J. M. Smucker from $105.00 to $112.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Canaccord Genuity Group raised shares of J. M. Smucker to a “buy” rating in a research report on Friday, January 16th. Finally, Citigroup restated a “hold” rating on shares of J. M. Smucker in a report on Wednesday, November 26th. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $118.00.

J. M. Smucker Trading Up 0.0%

SJM opened at $116.06 on Friday. The firm’s fifty day moving average is $104.10 and its two-hundred day moving average is $105.38. The firm has a market cap of $12.38 billion, a PE ratio of -9.84, a price-to-earnings-growth ratio of 7.09 and a beta of 0.23. J. M. Smucker has a twelve month low of $93.30 and a twelve month high of $121.48. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.37 and a current ratio of 0.89.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Thursday, February 26th. The company reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.11. The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.32 billion. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.42%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.61 EPS. Equities research analysts anticipate that J. M. Smucker will post 9.88 EPS for the current year.

Hedge Funds Weigh In On J. M. Smucker

Hedge funds have recently modified their holdings of the stock. Garton & Associates Financial Advisors LLC bought a new stake in J. M. Smucker during the fourth quarter worth about $25,000. AlphaQuest LLC acquired a new position in shares of J. M. Smucker during the 2nd quarter worth approximately $26,000. Root Financial Partners LLC bought a new stake in shares of J. M. Smucker during the 3rd quarter worth approximately $29,000. CYBER HORNET ETFs LLC bought a new stake in shares of J. M. Smucker during the 2nd quarter worth approximately $27,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of J. M. Smucker in the 2nd quarter valued at approximately $28,000. Institutional investors own 81.66% of the company’s stock.

More J. M. Smucker News

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Activist resolution — Elliott secured two board seats and Smucker agreed to add two independent directors; the development sparked a strong investor rally. Reuters: J.M. Smucker adds two directors after private discussions with activist Elliott
• Positive Sentiment: Earnings beat and revenue growth — Q3 adjusted EPS $2.38 vs. $2.27 est; revenue $2.34B, +7% YoY driven by pricing in the coffee business, which helped offset cost headwinds. This beat underpins near‑term confidence. Zacks: Smucker Q3 Earnings Beat
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its target to $135 (Overweight) and Sanford C. Bernstein raised its target to $121 (Market Perform); JPMorgan also nudged its target higher. These raises provide additional buy‑side support. Benzinga: Analyst target updates TickerReport: Wells Fargo note
• Neutral Sentiment: Earnings materials and call — The company posted its slide deck, earnings presentation and call transcript, which give more detail on margin drivers, capital allocation and guidance adjustments for investors doing deeper due diligence. Seeking Alpha: Q3 Results Presentation
• Negative Sentiment: Guidance headwinds and cost pressures — Management trimmed its sales‑growth outlook citing a recent manufacturing‑facility fire; higher green‑coffee costs and tariffs pressured year‑over‑year earnings despite the beat. These factors limit upside until guidance and cost trends stabilize. WSJ: Sales rise but guidance lowered after plant fire

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.